Best Online Stock Brokers For Beginners
I remember when I was a kid and my parents would trade stocks over the phone. It would take forever. You had to call your stock broker and have every trade go through them. This of course sucked because broker earned a decent commission for being the middle man. Well those days are over! Now you can sell and buy stocks over the internet within seconds.
For those of you looking into getting in the stock market, below are a few options to help you get started:
TradeKing.
TradeKing is an ideal option for 20-somethings that are new to the world of trading stocks. The company has won many awards for its online brokerage services offered. TradeKing also offers many educational services for new investors and for the more advanced investors that are looking to upgrade their skills. Help is offered through calculators and other tools that you can use. If you’re new to a specific area of investing then you can take one of the many seminars offered. The company offers extended hours for customer support in case you need help late in the evening.
The beauty of this account is that it has a low per trade commission fee of $4.95. And yes it doesn’t matter on your account balance. You don’t need to have $100,000 to get this offer. You also get $50 every time you refer a friend.
Please note that we will add more stock brokers as they become available to us.